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api Input 10I Market for Research Assistants 20 18 I Wage (Dollars per hour) 4 Supply 16 Labor Demanded (Number of workers) Labor Supplied (Number of workers) 310 190 14 12 Demand Shifter Supply Shifter 10 Tax Levied on Employers (Dollars per hour) Tax Levied on Workers (Dollars per hour) Demand 2 50 100 150 200 250 300 350 400 450 500 LABOR (Number of workers) For each of the proposals, use the previous graph to determine the new number of research assistants hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by research assistants (that is, the wage received by workers minus any taxes collected from the workers). After-Tax Wage Paid by After-Tax Wage Received by Tax Proposal Quantity Hired Employers Workers Levied on Levied on (Number of (Dollars per hour) (Dollars per hour) Employers Workers workers) (Dollars per hour) (Dollars per hour) 4 4 Suppose the government doesn't want to discourage employers from hiring research assistants and, therefore, wants to minimize the share of the ta: paid by the employers. Of the three tax proposals, which is best for accomplishing this goal? The proposal in which the entire tax is collected from workers The proposal in which the tax is collected from each side evenly The proposal in which the tax is collected from employers None of the proposals is better than the others WAGE (Dollars per hour) O O

api Input 10I Market for Research Assistants 20 18 I Wage (Dollars per hour) 4 Supply 16 Labor Demanded (Number of workers) Labor Supplied (Number of workers) 310 190 14 12 Demand Shifter Supply Shifter 10 Tax Levied on Employers (Dollars per hour) Tax Levied on Workers (Dollars per hour) Demand 2 50 100 150 200 250 300 350 400 450 500 LABOR (Number of workers) For each of the proposals, use the previous graph to determine the new number of research assistants hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by research assistants (that is, the wage received by workers minus any taxes collected from the workers). After-Tax Wage Paid by After-Tax Wage Received by Tax Proposal Quantity Hired Employers Workers Levied on Levied on (Number of (Dollars per hour) (Dollars per hour) Employers Workers workers) (Dollars per hour) (Dollars per hour) 4 4 Suppose the government doesn't want to discourage employers from hiring research assistants and, therefore, wants to minimize the share of the ta: paid by the employers. Of the three tax proposals, which is best for accomplishing this goal? The proposal in which the entire tax is collected from workers The proposal in which the tax is collected from each side evenly The proposal in which the tax is collected from employers None of the proposals is better than the others WAGE (Dollars per hour) O O

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Graph Input Tool (? Market for Research Assistants 20 18 I Wage (Dollars per hour) 4 Supply 16 Labor Supplied (Number of workers) Labor Demanded 310 190 14 (Number of workers) 12 Demand Shifter Supply Shifter 10 8 Tax Levied on Employers (Dollars per hour) Tax Levied on Workers (Dollars per hour) Demand 4 50 100 150 200 250 300 350 400 450 500 LABOR (Number of workers) For each of the proposals, use the previous graph to determine the new number of research assistants hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by research assistants (that is, the wage received by workers minus any taxes collected from the workers). After-Tax Wage Paid by After-Tax Wage Received by Tax Proposal Quantity Hired Employers Workers Levied on Levied on (Number of (Dollars per hour) (Dollars per hour) Employers Workers workers) (Dollars per hour) (Dollars per hour) 4 4 2 Suppose the government doesn't want to discourage employers from hiring research assistants and, therefore, wants to minimize the share of the tax paid by the employers. Of the three tax proposals, which is best for accomplishing this goal? The proposal in which the entire tax is collected from workers The proposal in which the tax is collected from each side evenly The proposal in which the tax is collected from employers None of the proposals is better than the others WAGE (Dollars per hour)
Transcribed Image Text:Graph Input Tool (? Market for Research Assistants 20 18 I Wage (Dollars per hour) 4 Supply 16 Labor Supplied (Number of workers) Labor Demanded 310 190 14 (Number of workers) 12 Demand Shifter Supply Shifter 10 8 Tax Levied on Employers (Dollars per hour) Tax Levied on Workers (Dollars per hour) Demand 4 50 100 150 200 250 300 350 400 450 500 LABOR (Number of workers) For each of the proposals, use the previous graph to determine the new number of research assistants hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by research assistants (that is, the wage received by workers minus any taxes collected from the workers). After-Tax Wage Paid by After-Tax Wage Received by Tax Proposal Quantity Hired Employers Workers Levied on Levied on (Number of (Dollars per hour) (Dollars per hour) Employers Workers workers) (Dollars per hour) (Dollars per hour) 4 4 2 Suppose the government doesn't want to discourage employers from hiring research assistants and, therefore, wants to minimize the share of the tax paid by the employers. Of the three tax proposals, which is best for accomplishing this goal? The proposal in which the entire tax is collected from workers The proposal in which the tax is collected from each side evenly The proposal in which the tax is collected from employers None of the proposals is better than the others WAGE (Dollars per hour)
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